According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a $13, 312, 717 cost-plus-fixed-fee contract to provide innovative research in the area of web-based approaches for medical and psychological health social networking, care delivery/tele-health, and capabilities that enable revolutionary advances in science, technology or systems. This 26-month contract includes 12 options which, if exercised, would happen concurrently and would bring the potential value of this contract to $20, 864, 255. Work will be performed in McLean, Va. Work is expected to be completed February 17, 2013. Contract funds will not expire at the end of the current fiscal year. This contract was competitively procured through Defense Advanced Research Projects Agency Broad Agency Announcement No. 10-62 published via the Federal Business Opportunities website on May 27, 2010, with 28 offers received; three were selected for award. Space and Naval Warfare Systems Center Pacific, San Diego, Calif., is the contracting activity (N66001-11-C-4005).”
SAIC Sets Sail for Navy Work
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